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Bitcoin : Basic questions (i´am a newbie in a lot of internet things)

Bitcoin : Basic questions (i´am a newbie in a lot of internet things)


I´m sorry this is some basic questions but can someone help me understand it:

1- Let´s say that i bought 1000 Euros of Bitcoin. Then, after, lets say, 18 months the currency value has grown, and my Bitcoin X value, now is worth 2000 Euros.

Can i just sell it? I need to Sell it on a exchange right?

After that, i get the money in my wallet. Can i transfer into my bank account, or i need to use it in services and products that allow bitcoin using?

Thanks in advance and i´m a sorry for the newbie questions.




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Bitcoin



Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: pressurevoid

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